Converge Technology Solutions (CTS.TO)

Cash on Hand as of September 2024 : HK$1.03 Billion

According to Converge Technology Solutions's latest financial reports the company has HK$1.03 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Converge Technology Solutions - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.00 B	8.65%
2022-12-31	HK$0.92 B	-39.37%
2021-12-31	HK$1.51 B	285.64%
2020-12-31	HK$0.39 B	220.71%
2019-12-31	HK$0.12 B	103.76%
2018-12-31	HK$60.25 M	24.54%
2017-12-31	HK$48.38 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Converge Technology Solutions (CTS.TO) - Cash on Hand